NEWS
Private equity group Pegasus buys Six Senses
POSTED 10 Apr 2012 . BY Tom Walker
US-based private equity group Pegasus Capital Advisors has entered into a binding agreement to acquire luxury resort and spa businesses of Six Senses Resorts & Spas for an undisclosed sum.

Under the terms of the deal, Pegasus will acquire all of the Six Senses and Evason-branded resort and spa management contracts and related intellectual property rights and operate them under a new company managed by Pegasus and its affiliates.

Six Senses currently manages 10 resorts and 28 spas in 20 countries around the world, with another 15 under construction or development.

Bernhard Bohnenberger, president of Six Senses, will continue in his role and will head operations out of the Six Senses' Bangkok office.

The Soneva brand and resorts, as well as the company's real estate assets and holdings, however, are not included in the transaction.

Soneva will continue to be led by Sonu Shivdasani, the founder and CEO of Six Senses, who will serve as chair and CEO and principal shareholder of The Soneva Group.

Craig Cogut, founder of Pegasus Capital Advisors, said the deal will allow Six Senses to grow its brand further.

"Going forward, the new Six Senses will be a debt-free company with committed capital for expansion into new and within existing international markets," he said.

"We're confident that our president Bernhard Bohnenberger and our strong management team will continue to build on its legacy as a recognized leader in luxury hospitality."

Sonu Shivdasani added: "This transaction will allow me to focus solely on the development of the Soneva portfolio of resorts and real estate assets, and allow the Soneva and Six Senses brands to flourish independently of each other.

The transaction is expected to be completed by July 2012.

Established in 1995, Pegasus currently manages approximately US$2.5bn (1.9bn euro, £1.6bn) in assets through several private equity funds and has made more than 80 investments since its inception.
 


ADVERTISE . CONTACT US

Leisure Media, Portmill House, Portmill Lane,
Hitchin, Hertfordshire SG5 1DJ Tel: +44 (0)1462 431385

©Cybertrek 2019

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS
 
Spa Opportunities: - Private equity group Pegasus buys Six Senses...
Sign up for FREE ezine
Spa Jobs spa Industry News spa training spa oppportunities magazine spa opportunities blog spa-kit.net spa industry products Submit your news Advertise on Spa Opportunities Contact us at Leisure Media Follow us on Twitter Like us on Facebook

Jobs Search






diarydates

  Powered by leisurediary.com
24-25 Apr 2019
FUTR (Formerly Millennial 20/20)
Business Design Centre, London, United Kingdom
05-08 May 2019
GSN Buyers Conference
Civana Carefree Resort, Carefree, United States

spa-kit
suppliers news


A truly holistic approach to wellness and beauty

Frella, established in 2014 has been an industry changer with its authentic concepts of bringing holistic wellness into the modern wellness market.

beauty-kit


Gain greater insight into business performance with SpaSoft
Without the ability to understand how your spa is performing at all levels, making decisions to improve the business can be challenging to say the least.


 
latest spa jobs
1 to 2 of 2 Jobs
Senior Spa Therapist
The Bulgari Hotel London
Salary: Competitive Salary & Benefits
Job location: London, UK More>>
 


Spa Therapist
The Bulgari Hotel London
Salary: Competitive Salary & Benefits
Job location: London, UK More>>
 


Spa Attendant
The Bulgari Hotel London
Salary: Competitive Salary & Benefits
Job location: London, UK More>>
 


Area Manager

Strip Wax Bar

Salary: Competitive salary - dependant upon experience
Job location:
Central London, London, UK More>>
Spa Beauty Therapist

No1 Lounges Ltd

Salary: £24,000 - £25,500
Job location:
Heathrow Long Stay Terminal 4, United Kingdom More>>

Spa Sales and Reservationist
The Bulgari Hotel London
Salary: Competitive Salary & Benefits
Job location: London, UK More>>
 


Beauty Therapist
Urban Retreat
Salary: Competitive
Job location: Knightsbridge, London, UK More>>
 


Therapist
Strip Wax Bar & Boutique
Salary: Competitive Salary and Benefits
Job location: London, UK More>>
 


Jobs page: 1


 
latest spa news

10 Apr 2012

Private equity group Pegasus buys Six Senses

BY Tom Walker

US-based private equity group Pegasus Capital Advisors has entered into a binding agreement to acquire luxury resort and spa businesses of Six Senses Resorts & Spas for an undisclosed sum.

Under the terms of the deal, Pegasus will acquire all of the Six Senses and Evason-branded resort and spa management contracts and related intellectual property rights and operate them under a new company managed by Pegasus and its affiliates.

Six Senses currently manages 10 resorts and 28 spas in 20 countries around the world, with another 15 under construction or development.

Bernhard Bohnenberger, president of Six Senses, will continue in his role and will head operations out of the Six Senses' Bangkok office.

The Soneva brand and resorts, as well as the company's real estate assets and holdings, however, are not included in the transaction.

Soneva will continue to be led by Sonu Shivdasani, the founder and CEO of Six Senses, who will serve as chair and CEO and principal shareholder of The Soneva Group.

Craig Cogut, founder of Pegasus Capital Advisors, said the deal will allow Six Senses to grow its brand further.

"Going forward, the new Six Senses will be a debt-free company with committed capital for expansion into new and within existing international markets," he said.

"We're confident that our president Bernhard Bohnenberger and our strong management team will continue to build on its legacy as a recognized leader in luxury hospitality."

Sonu Shivdasani added: "This transaction will allow me to focus solely on the development of the Soneva portfolio of resorts and real estate assets, and allow the Soneva and Six Senses brands to flourish independently of each other.

The transaction is expected to be completed by July 2012.

Established in 1995, Pegasus currently manages approximately US$2.5bn (1.9bn euro, £1.6bn) in assets through several private equity funds and has made more than 80 investments since its inception.



Connect with
Spa Opportunities
Magazine:
View latest issue
Sign up:
Instant Alerts/zines

Print edition
 

GWI’s ATM agenda to focus on medical and wellness tourism
Lithuania’s Spa Hotel Esé invites millennials to tell their own story
Mandarin Oriental’s Lago di Como spa takes inspiration from the pristine Italian lake
Robert D Henry Architects blend salon, medispa, inviting guests to ‘linger longer’
Hilton debuts sprawling spa resort on Morocco's Atlantic coast
Le Blanc Spa Cancun undergoes multimillion-dollar renovation
 
Catalogue gallery



Featured supplier




Invest in your employees – and your company – with FH Joanneum’s MBA in spa management

The FH Joanneum University of Applied Sciences offers a unique MBA programme in International Hospitality and Spa Management, and for the first time, is offering substantial financial grants for students who begin the course this year.


Company profile



Amac offer fully-accredited training courses which are recognised nationally by employers. Fitness education is our area of expertise and the quality of our teaching remains unrivalled by any other provider.
View full profile>>

spa directory

Spa and beauty equipment

Consultancy & management

Skincare

Saunas, steamrooms and spas

Spa and beauty equipment

Linen

Skincare

Architects/designers

Spa equipment and treatment products

Consultancy & management

Linen



Published by The Leisure Media Company Ltd Portmill House, Portmill Lane, Hitchin, Herts SG5 1DJ. Tel: +44 (0)1462 431385 | Contact us | About us | © Cybertrek Ltd